W. R. Berkley Corporation reports beneficial ownership of 427,111 ordinary shares of Wintergreen Acquisition Corp., representing 5.8% of the class. The filing shows shared voting and dispositive power over 427,111 shares. The Schedule 13G was signed on 05/07/2026.
Wintergreen Acquisition Corp., a Cayman Islands SPAC focused on Asia, reports it has not begun operating activities and earns only interest income on IPO trust funds. As of December 31, 2025, it had 7,303,575 ordinary shares outstanding and non‑affiliate holdings valued around $57.0M at $10.19 per share.
The company completed an IPO of 5,595,000 units at $10.00 each and placed $55.95M into a U.S. Treasury‑backed trust, which reached $57.43M with investment income. Public shareholders can redeem at about $10.025 per share in connection with a business combination or liquidation.
Wintergreen signed a Merger Agreement to acquire KIKA Technology Inc., an AdTech matching platform operating through a Hong Kong subsidiary, valuing KIKA at $80M. KIKA shareholders are expected to receive approximately 7,980,050 Wintergreen shares, also valued at $10.025 each, and Wintergreen will be renamed “KIKA Inc.” after closing, subject to shareholder approvals and other conditions.
The report highlights extensive risk factors typical for SPACs, including the possibility of failing to close a business combination before the outside date, dilution from additional share issuances, and heavy dependence on a small management team. It also describes significant legal, regulatory, and enforcement risks tied to potential targets in China, including PRC government intervention, data‑security oversight, foreign investment reviews, and the Holding Foreign Companies Accountable Act, any of which could affect the planned KIKA transaction or future operations.
Wolverine Asset Management, LLC, Wolverine Holdings, LLC, and managers Christopher L. Gust and Robert R. Bellick report beneficial ownership of 445,792 ordinary shares of Wintergreen Acquisition Corporation, representing 6.1% of the class as of the event date.
The percentage is calculated against 7,303,575 ordinary shares outstanding as of September 30, 2025, according to Wintergreen’s Form 10-Q. The reporting persons share voting and dispositive power over these shares, which they state are held in the ordinary course of business without intent to change or influence control. Wolverine Flagship Fund Trading Limited is entitled to dividends and sale proceeds on these shares.
Feis Equities LLC and Lawrence M. Feis report a significant ownership position in Wintergreen Acquisition Corp. They disclose beneficial ownership of 696,313 ordinary shares, representing 9.53% of the class. This percentage is based on 7,303,575 ordinary shares outstanding as of September 30, 2025, as reported by the issuer.